Refund Schedule

Tuition Refund Policy - Academic Year 2017-2018

Withdraw/Leave of Absence

Prior to the first day of classes:

Students who cancel admission, withdraw, or take a leave from Simon Business School, voluntarily or involuntarily, before the first day of classes will receive a full tuition and fee refund (100%). These students are not included in Simon Business School records as registered for the term. All disbursed Title IV, institutional, state, and other aid will be returned to the appropriate account by the Financial Aid Office. Note: Non-refundable application and enrollment fees will be forfeited.

After the first day of classes:

Students who withdraw or take a leave from Simon Business School, voluntarily or involuntarily, after the first day of classes but before the time when s/he has completed 60 percent of the period of enrollment, will have their institutional charges and institutional aid adjusted based on a daily proration of attendance.

Dropping from a class

(The following excludes Executive MBA and MSB Medical Management programs for which dates vary. See an advisor for the refund schedules for those programs).

Students with a flat-rate tuition:

Students voluntarily withdrawing (dropping) from a course(s) during a period of enrollment will not receive a refund.

Students charged on a per-credit-hour basis:

The tuition refund schedule below applies to students voluntarily withdrawing (dropping) from a course(s) during a period of enrollment. This policy does not apply if you plan to decrease your credit load to 0 hours for the quarter, in which case, see Withdraw/Leave of Absence policy above.

Tuition Refund Schedule (Dropping a Class) - Academic Year 2017-18

Pre Fall

Drop Before Add/Drop Date

8/4/2017

100% Refund

Drop Before 60% Complete

8/18/2017

Prorated based on attendance*

Drop After 60% Complete

No refund

Fall

Drop Before Add/Drop Date

9/8/2017

100% Refund

Drop Before 60% Complete

10/27/2017

Prorated based on attendance*

Drop After 60% Complete

No refund

Winter

Drop Before Add/Drop Date

1/12/2018

100% Refund

Drop Before 60% Complete

2/16/2018

Prorated based on attendance*

Drop After 60% Complete

No refund

Spring

Drop Before Add/Drop Date

3/29/2018

100% Refund

Drop Before 60% Complete

5/4/2018

Prorated based on attendance*

Drop After 60% Complete

No refund

Summers

Drop Before Add/Drop Date

6/8/2018

100% Refund

Drop Before 60% Complete

7/13/2018

Prorated based on attendance*

Drop After 60% Complete

No refund

*Same methodology as Withdraw/Leave of Absence After the First Day of Classes for a Term (see above).